Feb 07, 2023 by HM
House prices in Highcliffe (BH23 4)
This article reveals price per square metre data and various charts to help you understand current housing market in Highcliffe (BH23 4).
Price per square metre
Knowing the average house price in Highcliffe is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:
£ per sqm = price ÷ internal areaE.g. Flat 9 Waterford Lodge, 87, Bure Lane, Highcliffe, Christchurch, sold for £258,000 on Oct-2023. Given the internal area of 59 square metres, the price per sqm is £4,372.
England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.
The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,600-£6,000, £6,000-£6,400, £6,400-£6,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 296 sales in Highcliffe (BH23 4) that took place in the last two years.
Distribution of £ per sqm for Highcliffe (BH23 4)
You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.
That said, the spread of prices will give you a feel of the typical range to expect in Highcliffe (BH23 4). Of the 296 transactions, half were sold for between £4,370 and £6,470 per square metre. Notably, only 25% of properties that sold recently were valued at more than £6,470m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.
For the average, we calculate the 'median' or middle price. The median price per square metre in 'BH23 4' is £5,270. The table below shows how 'BH23 4' compares to neighbouring postcode sectors.
Postcode sector | Lower quartile | Middle quartile | Upper quartile |
---|---|---|---|
BH23 7 Burton | £3,810m2 | £4,280m2 | £4,930m2 |
BH23 3 Purewell | £3,890m2 | £4,640m2 | £5,520m2 |
BH23 8 Bransgore | £3,930m2 | £4,680m2 | £5,480m2 |
BH23 2 Christchurch | £3,880m2 | £4,600m2 | £5,260m2 |
BH23 1 Christchurch | £3,540m2 | £4,260m2 | £5,250m2 |
BH23 6 Hurn | £3,980m2 | £4,120m2 | £4,820m2 |
BH23 4 Highcliffe | £4,370m2 | £5,270m2 | £6,470m2 |
BH23 5 Highcliffe | £3,680m2 | £4,390m2 | £5,500m2 |
Will Highcliffe house prices drop in 2024?
I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BH23 4 (Highcliffe). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BH23 4 and the blue dots are the individual property sales that inform this trend.
Price per square metre in Highcliffe (BH23 4) over time
Hover on any blue dot to see details of specific sales
Disclaimer: The data provided throughout this website about Highcliffe and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Highcliffe data or any other data I am given.
Price map for Highcliffe
I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Highcliffe. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.
House price heatmap for Highcliffe
Street level data
Street | Avg size | Avg £/m2 | Recent sales |
---|---|---|---|
The Meadway, Highcliffe, BH23 4N | 77m2 | £5,730 | 23 |
Grange Road, Highcliffe, BH23 4J | 86m2 | £3,700 | 17 |
Lymington Road, Highcliffe, BH23 4J | 84m2 | £4,160 | 17 |
Bure Lane, Highcliffe, BH23 4D | 97m2 | £5,151 | 15 |
St Georges Close, Highcliffe, BH23 4L | 76m2 | £3,269 | 14 |
Comet Way, Highcliffe, BH23 4J | 65m2 | £4,633 | 13 |
Manning Avenue, Highcliffe, BH23 4P | 95m2 | £4,243 | 13 |
Sheldrake Road, Highcliffe, BH23 4B | 96m2 | £5,982 | 12 |
Search for your street here.
New build activity
Street | Avg size | Avg £/m2 | New build sales |
---|---|---|---|
Meadowsweet Close, Highcliffe, BH23 4F | 107m2 | £5,475 | 11 |
Meadowsweet Close, Highcliffe, BH23 4F has seen 11 new build sales in the last 4 years (average price £571,458). These new build homes typically have an internal area of 107 m2, with an average price of £5,475 m2. This £sqm average is £205 above the average for BH23 4. New builds typically command a £ per sqm premium so this is normal.
Raw data
Our analysis of Highcliffe is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.
Address | Paid | m2 | £/m2 |
---|---|---|---|
Flat 9 Waterford Lodge, 87, Bure Lane, Highcliffe, Christchurch | £258,000
Oct-2023
|
59 | 4,372 |
34, Blenheim Drive, Highcliffe, Christchurch | £530,000
Oct-2023
|
100 | 5,300 |
4, Buttercup Drive, Highcliffe, Christchurch | £573,000
Oct-2023
|
97 | 5,907 |
See the entire list of all sales in Highcliffe (BH23 4) here.
About
HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.